RHIM - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.9
| Stock Code | RHIM | Market Cap | 7,659 Cr. | Current Price | 371 ₹ | High / Low | 538 ₹ |
| Stock P/E | 60.8 | Book Value | 172 ₹ | Dividend Yield | 0.67 % | ROCE | 6.87 % |
| ROE | 3.30 % | Face Value | 1.00 ₹ | DMA 50 | 389 ₹ | DMA 200 | 425 ₹ |
| Chg in FII Hold | -0.26 % | Chg in DII Hold | 0.68 % | PAT Qtr | 21.1 Cr. | PAT Prev Qtr | 68.9 Cr. |
| RSI | 45.2 | MACD | -5.84 | Volume | 95,593 | Avg Vol 1Wk | 1,65,567 |
| Low price | 323 ₹ | High price | 538 ₹ | PEG Ratio | -2.30 | Debt to equity | 0.03 |
| 52w Index | 22.3 % | Qtr Profit Var | -42.0 % | EPS | -22.6 ₹ | Industry PE | 36.3 |
📊 RHIM shows weak fundamentals with ROCE (6.87%) and ROE (3.30%), alongside a high P/E (60.8 vs industry 36.3). Technicals are bearish with RSI at 45.2 and MACD negative (-5.84). Quarterly PAT dropped sharply (21.1 Cr vs 68.9 Cr, -42%), and EPS is negative (-22.6 ₹), reflecting earnings stress. The stock trades below both 50 DMA (389 ₹) and 200 DMA (425 ₹), indicating downward momentum. Low debt-to-equity (0.03) is a positive, but overall risk remains high.
💡 Optimal Entry Price: Around 340–350 ₹ (near support zone).
🚪 Exit Strategy: If already holding, consider exiting near 385–390 ₹ (short-term resistance) or trail stop-loss at 330 ₹ to limit downside risk.
🌟 Positive
- 📈 Very low debt-to-equity ratio (0.03).
- 📊 DII holdings increased (+0.68%), showing domestic institutional support.
- 📉 Industry demand for refractory products remains steady.
⚠️ Limitation
- 📌 High P/E (60.8) compared to industry average (36.3).
- 📌 Weak ROCE (6.87%) and ROE (3.30%).
- 📌 EPS negative (-22.6 ₹).
- 📌 RSI and MACD indicate bearish momentum.
- 📌 FII holdings decreased (-0.26%), showing reduced foreign confidence.
📰 Company Negative News
- ⚠️ Sharp quarterly profit decline (-42%).
- ⚠️ Weak return ratios and negative EPS.
📰 Company Positive News
- ✅ Low debt ensures financial stability.
- ✅ Domestic institutions increasing stake.
🏭 Industry
- Industry P/E at 36.3, highlighting RHIM’s premium valuation.
- Refractory industry benefits from steel and cement demand but faces margin pressures.
✅ Conclusion
RHIM is a weak swing trade candidate due to poor earnings, negative EPS, and bearish technicals, despite low debt and some institutional support. Entry near 340–350 ₹ offers tactical positioning, but exit near 385–390 ₹ is advisable if already holding. Risk management is critical given earnings volatility and weak fundamentals.
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